eLearning Credits (or eLCs) was a government initiative in the UK which put money aside for schools for multimedia resources. All government-funded schools from nursery to secondary are eligible for eLearning Credits. The 2007–08 allocation was £1,000 for each maintained school and academy that directly provides nursery, primary or secondary education up to Key Stage 4 plus £3.42 for each pupil aged between 3 and 15. This was the final allocation of eLCs – ring-fenced funding via eLCs ceased at the end of August 2008. The only Microsoft product eligible under the scheme is Encarta.